Did you know that Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) went skidding into the end of 2017? Some investors may not have noticed the underperformance in Google stock, as it stumbled up to and through the holiday trading periods. On Dec. 18, Alphabet stock leaped to new all-time highs, before d
Wells Fargo CEO Tim Sloan and seven other top executives won’t receive cash bonuses for 2016, the bank said Wednesdayin its latest effortto stresscorporate accountability following a scandal over millions of accounts unauthorized by customers.
Along with forgoing cash bonuses, the top executives will see a 50% reduction in the performance share equity awards they received in 2014 and....More>>>
Welcome to the latest issue of the PRO Weekly Digest. Every Saturday for Seeking Alpha PRO subscribers and Sunday for all other Seeking Alpha users, we publish highlights from our PRO coverage as well as feature interviews and other notable goings-on with SA PRO. Comment below or email us at pro-editors at seekingalpha.com to let us know what you think. Find past editions here.
Perrigos(PRGO)CEO Joseph Papa recently left to become head of Valeant Pharmaceuticals(VRX)this week. Perrigo veteran JohnHendrickson will take over the helm of Perrigo, and time will tell if this is a positive move, according to Jefferies David Steinberg. But he doesnt think investors should wait around to find out.
Steinberg and his team today downgraded Perrigo from....More>>>
Almost a week has passed since Goodyear Tire & Rubber (GT) posted lower than expected quarterly sales, as it shipped fewer tires in the Americas. But today, the tire companys share price topped the S&P 500, adding $1.99, or 5.6% to post a record close of $35.71 a share.
Last week, GoodYear delivered a mixed fourth quarter financial report. While revenue missed consensus estimates,....More>>>
When you buy a stock, how do you decide how many shares you'll buy? Most people don't have a clue how to do this. But it's something you have to get right – it's crucial to your investing performance. So seriously, what's your process for determining how much of a stock you'll buy? Do you say something like this? Well, the stock....More>>>
Yesterday, President Obama signed into law the 21st Century Cures Act, a piece of legislation that had rare overwhelming bi-partisan support. The White House issued this statement about the legislation as it passed through Congress on November 30th:
This critically important legislation will get states the resources they need to fight the heroin and prescription opioid epidemic. It invests....More>>>
Alibaba Group Holding Ltd. (NYSE: BABA) has already reported its earnings on Wednesday. Its adjusted earnings of $0.79 EPS/ADS was on revenue of $5.14 billion, both beating the consensus estimates of $0.69 EPS and $5.03 billion in revenues of $5.03 billion. What is interesting here is that news of an SEC accounting probe reversed some of the original gains.
Vanda Pharmaceuticals (NASDAQ:VNDA) has been rising over the last two days after a key ruling, upholding the validity of Vanda’s Fanapt patents. For investors who are unaware, Roxane Laboratories, a maker of generic pharmaceuticals, filed a challenge to Vanda’s patents. Vanda sought to uphold their patents in court, and this favorable ruling will help to put off the risk of generic competition....More>>>
Global economic growth is slowing. The world economy continues to expand, but at a smaller growth rate than in recent years. The outlook isn’t much better. In fact, the IMF keeps revising its forecast downwards, as do the forecasters tracked by FocusEconomics. It turns out that the expected growth isn’t much off than the historical average. Advanced economies are will not accelerate....More>>>
Emerging markets were a brutal place to invest in 2014 and 2015.
While the S&P 500 gained more than 12% in that time, iShares Emerging Markets (NYSEARCA:EEM) fell into a bear market, declining 20%. That weakness was driven by a perfect storm of a strong dollar, falling commodity prices and slower than expected growth in China.
I turned 70陆 in 2015, and I know that I have to take my first required minimum distribution from my IRA by April 1, 2016. Do I need to take another RMD by the end of this year? Is there anything I can do to reduce the tax bill if I have to take two RMDs in the same year?
Generally, you must take your required minimum distributions by December 31 every year. But for your first RMD, you....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.